US-based 2am VC Launches Fund II To Invest In 30 Indian Startups

Early-stage venture capital firm 2am VC launched its second fund and aims to back 30 Indian startups, predominantly at the Pre-Seed to Seed stage.

The fund will invest in startups in consumer tech, fintech, food and beverage, AI and global SaaS, according to the VC firm. It plans to allocate 60% of the fund for initial investments and 40% for follow-on investments to support founders.

The firm, with offices in Mumbai, Bengaluru, Delhi NCR, and Los Angeles, connects global investors with Indian founders, acting as a local partner and curating deal flow for global investors into the next generation of Indian startups.

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“Leveraging our extensive resources in the Indian ecosystem accumulated through years of startup investment and first-hand experience building companies from the ground-up, 2am VC strives to provide best-in-class support and resources to help Indian founders bring their businesses to the next level,” said Hershel Mehta, Founding Partner, 2am VC.

“We recognise that the next stage of development of Indian startups will be driven by young and first-time Indian founders building companies that are uniquely Indian, and we at 2am VC aspire to be their guides in bringing these dreams to life,” said Brendan Rogers, Founding Partner, 2am VC.

About 2am VC

Led by Founding Partners Hershel Mehta and Brendan Rogers, 2am VC aims to challenge market biases and introduce global investors to the opportunities in New India, reshaping outdated views on India’s venture ecosystem.

2am VC has raised $10 million for its Fund I. So far, the firm has invested in 47 companies, including well-known startups like NEWME, Apna Mart, Bimaplan and Karbon Card.

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